The announcement on Monday came after DreamWorks had contemplated distributing its films on its own.

The arrangement brings DreamWorks’ animated titles together with those of Fox, a News Corp. division whose Blue Sky Studios produced the computer-animated hits ‘‘Ice Age’’ and ‘‘Rio.’’

DreamWorks chief executive Jeffrey Katzenberg said that its fee in theatrical and home video markets will be similar to its existing deal. But it will benefit from lower costs for films distributed digitally.